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To: Les H who wrote (164901)5/9/2002 5:03:09 PM
From: Earlie  Respond to of 436258
 
Les:

They haven't got it quite right, but close enough. If you will recall, I reported that 125 million cell phones came through the year end in inventory and so far, they haven't managed to move that stuff out quickly enough to surpass the (much reduced) production rates. "Rock and hard place" for some time to come.

Best, Earlie



To: Les H who wrote (164901)5/9/2002 5:23:04 PM
From: patron_anejo_por_favor  Respond to of 436258
 
<<Worldcom's ratings cut to junk after the bell>>

To paraphrase Charlie Munger of Berkshire: I'd describe Worldcom's debt as junk, but that would be an insult to junk worldwide!<G>


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